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Klepierre (XPAR:LI) Return-on-Tangible-Equity : 3.81% (As of Dec. 2023)


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What is Klepierre Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Klepierre's annualized net income for the quarter that ended in Dec. 2023 was €283 Mil. Klepierre's average shareholder tangible equity for the quarter that ended in Dec. 2023 was €7,434 Mil. Therefore, Klepierre's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 3.81%.

The historical rank and industry rank for Klepierre's Return-on-Tangible-Equity or its related term are showing as below:

XPAR:LI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.4   Med: 6.16   Max: 17.88
Current: 2.54

During the past 13 years, Klepierre's highest Return-on-Tangible-Equity was 17.88%. The lowest was -9.40%. And the median was 6.16%.

XPAR:LI's Return-on-Tangible-Equity is ranked worse than
60.15% of 793 companies
in the REITs industry
Industry Median: 4.5 vs XPAR:LI: 2.54

Klepierre Return-on-Tangible-Equity Historical Data

The historical data trend for Klepierre's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Klepierre Return-on-Tangible-Equity Chart

Klepierre Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.45 -9.40 7.04 5.27 2.50

Klepierre Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.25 7.53 3.09 1.34 3.81

Competitive Comparison of Klepierre's Return-on-Tangible-Equity

For the REIT - Retail subindustry, Klepierre's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Klepierre's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Klepierre's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Klepierre's Return-on-Tangible-Equity falls into.



Klepierre Return-on-Tangible-Equity Calculation

Klepierre's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=192.7/( (7869.3+7526.5 )/ 2 )
=192.7/7697.9
=2.50 %

Klepierre's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=283.2/( (7341.3+7526.5)/ 2 )
=283.2/7433.9
=3.81 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Klepierre  (XPAR:LI) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Klepierre Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Klepierre's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Klepierre (XPAR:LI) Business Description

Industry
Traded in Other Exchanges
Address
26 boulevard des Capucines, CS 20062, Paris, FRA, 75009
Klépierre is a French real estate company with a focus on the European retail property market. The company generates the vast majority of its revenue from the rents received from its shopping centres. The company also operates development, refurbishment, and extension programs in its shopping centres. By geography, most of the shopping centres are located in France and Belgium, with the others in Scandinavia, Italy, the Netherlands, Iberia, Germany, and elsewhere. Significant tenants include large retail companies.

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